Taxing Medicare

Sure the fine print says “on families making more than $250,000 a year” but do you think that detail will make it into the ads? Me either. Also staying in Harry Reid’s version of the health care bill is a tax on “Cadillac” plans guaranteed to upset some of the Democrat’s union supporters.

Yes, indeed, the Senator says the CBO says there’s money in it for you. (As of this post, there’s nothing on the CBO Web site.) A $127 billion dollar reduction off what will be about a $9 trillion dollar deficit. Of course I did the math – 0.014111%. A little less than one and a half percent.